Thursday, September 11, 2008

Pelosi OK's Drilling Vote, Snubs Republicans.

Democrats Start on Energy Plan - washingtonpost.com

Speaker Nancy Pelosi (Calif.) and her leadership team, emerging from a nearly two-hour
meeting with the Democratic caucus, offered a plan that marks policy reversal for Democrats. It would allow more offshore drilling in exchange for additional funding for renewable resources.

The most controversial provision, which drew fire from conservatives and liberals alike, would permit drilling 100 miles off the Atlantic coasts from Virginia to Georgia, and in the Gulf of Mexico off Florida's western coast.

The limit could be reduced to 50 miles if each state's governor and legislature endorsed the move, said Democratic aides and environmental activists briefed on the plan.



Off shore oil platform.

Now Nancy Pelosi and her leadership team, the Democrat caucus came up with their Energy plan. Hay Nancy, was there any Republicans on your leadership plan? Why did you meet with just the Democrat caucus? Now it will come up for a vote by the end of the week and your going to want Republicans to vote for it. Nancy where is the bipartisan congress that you promised when you took office?

Many of the items on her legislative wish list failed earlier this summer because Democrats brought the measures to the floor under rules reserved for noncontroversial legislation. Those rules block the minority from offering alternatives but also require a higher threshold for passage.

Senate Majority Leader Harry Reid, applauded the bipartisan "Gang of 10" for offering a compromise package in the Senate that would allow Georgia, North Carolina, South Carolina and Virginia to opt out of a federal ban on offshore oil and gas drilling, calling it a "step in the right direction." Oh I see Republicans must compromise and Democrats don't.

Let's look at Speaker Nancy Pelosi plan. We would permit drilling 100 miles off the Atlantic coasts from Virginia to Georgia. This is just four states. What about the west coast? How about Alaska? And we can drill only in the Gulf of Mexico off Florida's western coast. What about the east coast of Florida?

More offshore drilling in exchange for additional funding for renewable resources.
Is this funding from revenue from the drilling or form the tax payer, you and me.

Oil companies can only drill 100 miles out. If you would drill 100 miles south of Florida, we would be drilling in Cuba! The limit could be reduced to 50 miles, if each state's governor and legislature endorsed the move. This is Federal waters, why should the states have a voice in this? The states are not going to get a dime from this oil money. Just ask Louisiana.

Coastal states are also entitled to a share of revenues from offshore tracts. While the first three miles off Louisiana's coast belong to the state, the area beyond the three-mile zone is considered federal property. The zone between three and six miles is known as the 8(g) zone, as designated by the 1953 federal Outer Continental Shelf Lands Act.

Louisiana has had offshore drilling since 1947. About 172 active rigs dot the Gulf of Mexico waters off the coast, producing about 79% of the oil and 72% of the natural gas that comes from drilling off the nation's coastlines.

So we been drilling off the coast of Louisiana since 1947. We have learn and advanced in off shore drilling. Google Louisiana offshore drilling and you will learn the facts. Don't let Nancy Pelosi and the Democrats hinder the growth of our country by limiting our offshore drilling.

Other post on oil drilling.
Actual Gulf of Mexico rig count is down from Last Year.
US House Votes to Sue OPEC for Price Fixing.
Gas Prices fall as Crude Oil Increases.

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